GMR Infra wins Rs 537cr payment due case; stock gains 3%

GMR Infrastructure won Rs 537 crore payment due case from Tamil Nadu electricity board, reports CNBC-TV18.
 
The share touched an intraday high of Rs 29.50 and an intraday low of Rs 28.40. At 13:45 hrs the share was quoting at Rs 29.20, up Rs 0.85, or 3%.
 
It was trading with volumes of 1,282,175 shares. In the previous trading session, the share closed down 0.70% or Rs 0.20 at Rs 28.35.

The company's trailing 12-month (TTM) EPS was at Rs 0.15 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 195.33. The latest book value of the company is Rs 18.42 per share. At current value, the price-to-book value of the company was 1.59.